Intel Corp (INTC)

[Professor MD]

Dear Sarmad. Re: well professor, do you think we'll get a world-wide depression? Or will growth continue without a long interruption?

Economic Depressions as well as Recession are not scientific term, since there is no precise accepted definition of these emotional words. Time has a definition and unit of measurement, but “long interruption” is an emotional term. What is long for you may be very short for me.

I think that the recent news that increasing number of homes found a buyer is very encouraging. Suddenly we have an emerging “negotiated value” for a unit of real-estate. I also heard a complaint by some congressmen that some of the big banks that were forced so sell shares to the government at a price that they “could not refuse” have the “chutzpah” to demand a much higher price from buyers who are attempting to purchase some of their remaining shares. Suddenly a “negotiated price” was established for the previously “toxic asset”. I personally guess that whoever ends up as the president of the USA will take the credit for shortening the time it took to save the economy of the world. He will also claim that the “crash of 2008” was due to the possibility that his opponent might win the election.